China's Hu vows more market-based interest rates, yuan
BEIJING (Reuters) - China's ruling Communist Party on Thursday began a key congress at which President Hu Jintao will give up his position as head of the party to anointed successor, Vice President Xi Jinping.
The Party will also unveil its new Standing Committee, China's top political ande decision-making body, which is likely to be shrunk to seven members from the current nine in a move to ease the passage of much-needed reforms.
(Reporting by Beijing bureau)
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DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.
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